gold investment, silver investment

paul-rejczak

Important Economic News Calendar: November 4 - November 8, 2019

November 4, 2019, 7:27 AM Paul Rejczak

The markets will likely take some breather in the coming week following last week's huge economic data announcements. But that does not mean there won't be trading opportunities coming from the data releases. Last week we asked if quarterly corporate earnings would push stock prices to new record highs, and they did! But will optimism in stocks, gold, oil and the Euro remain after the next set of economic news releases? Let's take a look at this week's schedule.

The week behind

In our last week's news calendar we pointed out that it will be a very busy week packed with economic data, earnings releases. That was indeed the case. Wednesday's FOMC's Rate Decision release was the main turning point for the financial markets. Stocks, gold, oil and the Euro rallied, but then they turned lower. The rally resumed later in the week, as investors reacted to series of big quarterly corporate earnings releases along with the important Friday's Non-farm Payrolls release. The broad stock market has reached new record high, gold has broken above $1,500 price again. But there were also some important data releases outside of the U.S. - Central Banks' announcements caused tradable currency fluctuations.

The week ahead

What about the coming week? It will be worth paying attention to the Tuesday's ISM Non-Manufacturing PMI release, as it may move markets. Then there will be a series of economic data from the Eurozone and Canada along with monetary policy statements in Australia and the U.K. The quarterly earnings season in the U.S. is coming to an end, but we still can see some volatility there. Let's take a look at key highlights:

  • Tuesday's ISM Non-Manufacturing PMI release will likely be the most important market moving event this week.
  • There will be a series of Eurozone's economic data releases throughout the whole week.
  • Tuesday's and Wednesday's oil inventories data releases may be important for the price of oil, as it is at resistance level again.
  • The monetary policies of Australia and the U.K. may get adjusted this week and their currencies will likely follow the news.
  • Last but not least, quarterly earnings season is still going. We will get reports from BA, BIDU, CVS, DIS, HUM, NEM, REGN, QCOM, among others.

You will find this week's the key news releases below (EST time zone). For your convenience, we broken them down per market to which they are particularly important, so that you know what to pay extra attention to, if you have or plan to have positions in one of them. Moreover, we put the particularly important news in bold. This kind of news is what is more likely to trigger volatile movements. The news that are not in bold usually don't result in bigger intraday moves, so unless one is engaging in a particularly active form of day trading, it might be best to focus on the news that we put in bold. Of course, you are free to use the below indications as you see fit. As far as we are concerned, we are usually not engaging in any day trading during days with "bold" events on a given market. However, in case of more medium-term trades, we usually choose to be aware of the increased intraday volatility, but not change the currently opened position.

Gold, Silver, and Mining Stocks

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 1:30 p.m. Eurozone - ECB President Lagarde Speech
  • 8:45 p.m. China - Caixin Services PMI
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, November 5

  • Before Open U.S. - NEM, REGN Quarterly Earnings
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

Wednesday, November 6

  • Before Open U.S. - BA, CVS, HUM Quarterly Earnings
  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts
  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes
  • 7:30 a.m. U.K. - BOE Governor Carney Speech
  • 7:30 p.m. Australia - RBA Monetary Policy Statement, Home Loans m/m
  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Building Permits m/m
  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

Crude Oil

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 1:30 p.m. Eurozone - ECB President Lagarde Speech
  • 8:45 p.m. China - Caixin Services PMI
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, November 5

  • 8:30 a.m. Canada - Trade Balance
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 10:30 a.m. U.S. - FOMC Member Williams Speech
  • 7:30 p.m. Australia - Trade Balance

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts
  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes
  • 7:30 a.m. U.K. - BOE Governor Carney Speech
  • 7:30 p.m. Australia - RBA Monetary Policy Statement, Home Loans m/m
  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Building Permits m/m
  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

Stock Markets

Monday, November 4

  • 4:00 a.m. Eurozone - Final Manufacturing PMI
  • 4:30 a.m. Eurozone - Sentix Investor Confidence
  • 10:00 a.m. U.S. - Factory Orders m/m
  • 1:30 p.m. Eurozone - ECB President Lagarde Speech
  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • Before Open U.S. - NEM, REGN Quarterly Earnings
  • 8:30 a.m. U.S. - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 4:00 a.m. Eurozone - Final Services PMI
  • 5:00 a.m. Eurozone - Retail Sales m/m
  • Before Open U.S. - BA, CVS, HUM Quarterly Earnings
  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 10:30 a.m. U.S. - FOMC Member Williams Speech
  • After Close U.S. - BIDU, QCOM Quarterly Earnings

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts
  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes
  • 7:30 a.m. U.K. - BOE Governor Carney Speech
  • 8:30 a.m. U.S. - Unemployment Claims
  • After Close U.S. - DIS Quarterly Earnings
  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech
  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m
  • 8:30 p.m. China - Consumer Price Index y/y, Producer Price Index y/y

EUR/USD

Monday, November 4

  • 3:15 a.m. Eurozone - Spanish Manufacturing PMI
  • 3:45 a.m. Eurozone - Italian Manufacturing PMI
  • 3:50 a.m. Eurozone - French Final Manufacturing PMI
  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 4:00 a.m. Eurozone - Final Manufacturing PMI
  • 4:30 a.m. Eurozone - Sentix Investor Confidence
  • 10:00 a.m. U.S. - Factory Orders m/m
  • 1:30 p.m. Eurozone - ECB President Lagarde Speech
  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 3:00 a.m. Eurozone - Spanish Unemployment Change
  • 5:00 a.m. Eurozone - Producer Price Index m/m
  • 8:30 a.m. U.S. - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

Wednesday, November 6

  • 2:00 a.m. Eurozone - German Factory Orders m/m
  • 3:15 a.m. Eurozone - Spanish Services PMI
  • 3:45 a.m. Eurozone - Italian Services PMI
  • 3:50 a.m. Eurozone - French Services PMI
  • 3:55 a.m. Eurozone - German Services PMI
  • 4:00 a.m. Eurozone - Final Services PMI
  • 5:00 a.m. Eurozone - Retail Sales m/m
  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q
  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 2:00 a.m. Eurozone - German Industrial Production m/m
  • 5:00 a.m. Eurozone - EU Economic Forecasts
  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes
  • 7:30 a.m. U.K. - BOE Governor Carney Speech
  • 8:30 a.m. U.S. - Unemployment Claims
  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 2:00 a.m. Eurozone - German Trade Balance
  • 2:45 a.m. Eurozone - French Industrial Production m/m, French Preliminary Private Payrolls q/q, French Trade Balance
  • 8:30 a.m. U.S. - FOMC Member Brainard Speech
  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m
  • 8:30 p.m. China - Consumer Price Index y/y, Producer Price Index y/y
  • All Day, Eurozone - ECOFIN Meetings

USD/JPY

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 1:30 p.m. Eurozone - ECB President Lagarde Speech
  • 6:50 p.m. Japan - Monetary Base y/y
  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 8:30 a.m. U.S. - Trade Balance
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings
  • 6:50 p.m. Japan - Monetary Policy Meeting Minutes
  • 7:30 p.m. Japan - Services PMI

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q
  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 8:30 a.m. U.S. - Unemployment Claims
  • 6:30 p.m. Japan - Average Cash Earnings y/y, Household Spending y/y
  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 0:00 a.m. Japan - Leading Indicators
  • 8:30 a.m. U.S. - FOMC Member Brainard Speech
  • 8:30 p.m. China - Consumer Price Index y/y, Producer Price Index y/y

GBP/USD

Monday, November 4

  • 4:30 a.m. U.K. - Construction PMI
  • 10:00 a.m. U.S. - Factory Orders m/m
  • 1:30 p.m. Eurozone - ECB President Lagarde Speech
  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 4:30 a.m. U. K. - Services PMI
  • 8:30 a.m. U.S. - Trade Balance
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q
  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts
  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes
  • 7:30 a.m. U.K. - BOE Governor Carney Speech
  • 8:30 a.m. U.S. - Unemployment Claims

Friday, November 8

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech
  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m
  • All Day, Eurozone - ECOFIN Meetings

USD/CAD

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 1:30 p.m. Eurozone - ECB President Lagarde Speech
  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 8:30 a.m. U.S. - Trade Balance
  • 8:30 a.m. Canada - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q
  • 10:00 a.m. Canada - Ivey PMI
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 8:30 a.m. U.S. - Unemployment Claims
  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:15 a.m. Canada - Housing Starts
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Building Permits m/m
  • 8:30 a.m. U.S. - FOMC Member Brainard Speech
  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m
  • 8:30 p.m. China - Consumer Price Index y/y, Producer Price Index y/y

AUD/USD

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 4:30 p.m. Australia - AIG Services Index
  • 8:45 p.m. China - Caixin Services PMI
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, November 5

  • 8:30 a.m. U.S. - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 10:30 a.m. U.S. - FOMC Member Williams Speech
  • 4:30 p.m. Australia - AIG Construction Index
  • 7:30 p.m. Australia - Trade Balance

Thursday, November 7

  • 8:30 a.m. U.S. - Unemployment Claims
  • 7:30 p.m. Australia - RBA Monetary Policy Statement, Home Loans m/m
  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech
  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m
  • 8:30 p.m. China - Consumer Price Index y/y, Producer Price Index y/y

Thank you for staying up-to-date and good luck in all your trades. If you'd like to receive notifications similar to the above on each Monday free of charge, we invite you to sign up for our free mailing list. If you sign up today, you'll also get 7 days of free access to our premium Trading Alerts for Precious Metals, Crude Oil, and Currencies, as well as our Day Trading Signals. Sign up today.

Thank you.

Paul Rejczak
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care

Did you enjoy the article? Share it with the others!

Apr Market Overview

Gold Market Overview

There has never been such a crisis. In matter of days, economies all over the world froze up. The stock markets plunged and the Wall Street experienced its largest single-day percentage drop since Black Monday in 1987. In response, the central banks shoots monetary bazookas while the governments are announcing mammoth stimulus packages.

If you feel lost, if you do not know what to think about the epidemic and its impact on the global economy and the gold market, or if you feel that the world has gone mad, you should definitely read this edition of the Market Overview.

As always, we focus on the gold market, so we analyze thoroughly how the epidemic, global recession and the resulting monetary policy and fiscal policy response will affect the price of the yellow metal.

Read more in the latest Market Overview report.

menu subelement hover background